Post Utme Noun 2020 Economics Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Noun Economics examination.

Post Utme Noun 2020 Economics Objective / Multiple Choice
Question 32 POST_UTME_NOUN • 2020 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's current price is ₦50, calculate the firm's current revenue.

Answer Options

A. ₦2,000
Correct Answer B. ₦2,500
C. ₦3,000
D. ₦3,500
Correct Answer
B
Correct Option:
₦2,500

About This Question

This is Post Utme Noun 2020 Economics Question 32. It is one of the objective questions from the 2020 Post Utme Noun Economics examination.

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